We saw during Covid that many jobs are not needed. And we may be heading to energy lockdowns. Companies could lose a lot of valuation or just use the "AI is doing everything" excuse.
What jobs are "needed" by the economy is a function of who has the money. There's no measure of efficiency, or redundancy, that isn't relative to a specific distribution of wealth.
> Lots and lots of middle management and HR jobs (off the top of my head) are absolutely 0 value add and definitely just leech off of actual labor.
That’s a very engineer type of take.
Both middle management and HR serve roles that are believed to be useful to someone (maybe not you).
Often it is some form of protection by serving as a fall guy or complying with regulations, but it can be other things (e.g., increasing headcount/budget to gain power, etc.).
surfmike · · focus · HN ↗
Ambolia · · focus · HN ↗
vintermann · · focus · HN ↗
What jobs are "needed" by the economy is a function of who has the money. There's no measure of efficiency, or redundancy, that isn't relative to a specific distribution of wealth.
esikich · · focus · HN ↗
csa · · focus · HN ↗
That’s a very engineer type of take.
Both middle management and HR serve roles that are believed to be useful to someone (maybe not you).
Often it is some form of protection by serving as a fall guy or complying with regulations, but it can be other things (e.g., increasing headcount/budget to gain power, etc.).